Bank CD Rates

At currently the TD Bank CD rates are competitive and easy to obtain. There are CD’s with maturity terms from 91 days to 7 years to help fit your individual investment strategy. For most CD’s from TD Bank, the minimum amount of deposit is $250. The more you invest and longer the term, the more interest your investment will incur.

The current TD bank CD rates for the basic CD at a term of 9 months is at an APY of 1.40% and for a term of 18 months the APY is at 1.75%.

The No Catch CD’s with a term of 6 months has an APY of 0.75% and the 12 month has an APY of 1.00%.

The Step Rate CD for a term of 3 years is at 2.25% APY with a stepping rate for the 1 year at 1.49% then to 1.98% in year 2 and up to 3.20% in year 3.

The 5 year step CD is at 2.59% APY. Year 1 is at 1.49% APY. Year 2 is at 1.74% APY and year 3 is at 2.23% APY. The fourth year is at 2.96% and the final and fifth year is at 4.41% APY.

There is also an IRA Add-Vantage CD. The deposit is the same as the other CD’s from this bank at a minimum of $250. This can be increased in increments of $500 or more at any time.

The TD bank offers all of their different CD with no monthly maintenance fee. The rates posted on this article were posted as of 8/04/09. There is a penalty for early withdraw and rates are subject to change without notice.

The TD bank CD rates are competitive and worth further investigating.